Then one day, a fellow named Claude came along. Claude Didusi. And our old friend, the observer, asked Claude to do something interesting. To compile…
Robin Gothis Wigglesworth over at the FT wrote a piece last week on the boom in US commercial banks lending to shadow banks, and not…
Singularity? What a joke. There’s no AI singularity coming — not in 6 months, 6 years, or ever. The more complex they make this thing,…
Bloomberg’s headline called Tuesday’s 2-year Treasury note auction “solid.”
Let’s not take their word for it.
Create a problem and then cower away from it when the other side calls your bluff. Result, markets soar around the world. Look like a genius and savior.
Let’s see how long this Kabuki theater works.
The Art of the DOAD
AI …
The basis trade, a leveraged arbitrage strategy long favored by hedge funds and dealers, is approaching critical stress points. This briefing outlines how the trade…
Mainstream narratives do not, and will not be able to cover the full implications of a 145% tariff on Chinese goods, especially given how sudden and extreme such a policy would be. Let’s walk through several scenarios under this regime, starting from the immediate shock to the long-term economic and labor market consequences.
Tariff headlines triggered a violent rebound—but traders didn’t trust it, and AI didn’t either. The Adler Wave Model confirms what the Street already sensed: the rally stopped at broken support, and the setup still points lower—unless proven otherwise by specific follow-through.
Trump’s Liberation Day tariffs mark more than a policy shift—they redefine how capital interprets risk. The Norrholm panel explores what happens when markets stop pricing efficiency and start pricing intention. Tariffs are no longer tools—they’re frameworks. This isn’t just a trade realignment. It’s the emergence of a new allocative order.
It looked right. It sounded smart. It was 500 billion dollars off.
This is what happens when you let AI write your totals.
Confession + warning inside